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designed to support SMEs in the six Eastern Partnership countries (Armenia

Zurabishvili Sworn-in as New President

1 min read

The FINANCIAL -- Salome Zurabishvili, 66, was sworn in as Georgia’s fifth president for a six-year term on December 16 in an oath-taking ceremony in the eastern Georgian town of Telavi.…

The European Investment Bank to lend EUR 30m to TBC Bank

3 mins read

The FINANCIAL — The European Investment Bank (EIB) has agreed to lend EUR 30m to TBC Bank, the largest bank in Georgia, in order to broaden the access to finance of Georgian small and medium-sized enterprises (SMEs), which represent more than 90% of companies active in the country. The EIB funds will be provided in…